The Source for Cyber Insurance News, Insights and Data
Cybersecurity in Asia faces significant challenges, with many organizations finding it hard to keep up with digital risks. A recent Marsh post notes that just half of Asia-based firms are confident in their cyber risk strategies, the lowest rate worldwide and well below the global average of 72%. At the same time, most companies are … Read more
Credence Research’s March 2026 report provides one of the more aggressive recent estimates, valuing the global cyber insurance market size at $20.88 billion in 2024, projected to reach $118.97 billion by 2032 with a CAGR of 24.3% over the 2025–2032 period. This high base-year figure and elevated growth rate assume continued expansion of demand for … Read more
Cowbell has entered the Australian cyber insurance market, rolling out a new standalone policy for small and mid-sized businesses on Zurich Australian Insurance Ltd’s paper. The company said its Prime One programme targets SMEs with annual turnover of up to A$100 million. Cowbell will use its AI-driven underwriting platform and in-house claims capabilities. At the … Read more
The Asia-Pacific region now accounts for 34% of global cybercrime incidents in 2024. With that figure in mind, Blackpanda and ST Engineering have announced a regional collaboration on cyber incident response. The agreement links cyber liability insurance with faster breach response for small and mid-sized enterprises across Asia. New Collaboration Targets SME Cyber Risk in … Read more
We routinely report on cyber insurance market size estimates and related industry studies from various insurance and research companies; see a summary table at the bottom of this post. But two new studies released on the same day (10/23/25) demonstrate the challenges of evaluating this market. One study, Marsh’s Global Insurance Market Index, reports global … Read more